Industry News

Oman

Oman Investment 2 November 2026

Oman lists ten Chinese-linked plants, two of them automotive

A Ministry of Commerce, Industry and Investment Promotion official has listed ten Chinese-linked industrial projects in Suhar, Duqm and Khazaen. Two are automotive: an agreement by Spruce Group to assemble electric and hybrid vehicles at Khazaen Economic City, with no value or start date given, and Zhongke Electric's USD1bn (about RO385m) battery-anode materials plant in Suhar, under construction since May 2026 with planned capacity of 200,000 tonnes a year. Chinese direct investment in Oman stood at RO903.8m at the end of June 2026, up from RO866.2m at the end of 2025.

Our thoughts Without a stated value or start date, the Khazaen assembly project is a possible future source of local supply rather than a near-term alternative to imports; the Suhar anode plant is the firmer sign of a battery supply chain forming in Oman.

Source: Oman Observer

Oman Investment 2 November 2026

Oman–China state-visit deals include free-zone warehousing

During His Majesty the Sultan's state visit to China, the Oman Investment Authority and other Omani entities signed 23 agreements and partnerships. Asyad Group and JD.com agreed to develop distribution warehouses, starting in the Muscat International Airport Free Zone, Khazaen Economic City and Sohar Free Zone, and China International Marine Containers signed a memorandum on transport and logistics in Oman. The package also includes a planned USD800m joint fund with the Silk Road Fund.

Our thoughts None of the deals concerns vehicles directly, but more Chinese-backed warehousing in Oman's free zones would strengthen the case for using Oman as a regional base for parts and after-sales distribution.

Briefs summarise reporting by the outlets linked under each item; follow the links for the original. Our thoughts are our own view, for general information only and not advice. See our disclaimer.